Winston County Medical Foundation

Analysis

Winston County Medical Foundation is a registered charity in United States, based in Louisville, MS. It received its IRS tax-exemption ruling in June 1965, 61 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Winston County Medical Foundation reported income of $30.2m and spending of $32.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $32.0m to $30.2m (-5.7%), an average of -1.5% a year. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winston County Medical Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within MS. Charities of a similar size with the same main cause include Nysarc Inc ($30.2m), Improving Economies for Stronger Communities ($30.2m) and Arc of Montgomery County Inc ($30.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 90% of the total. Other salaries and wages came to $10.7m. At year end it held assets of $8.6m against liabilities of $5.4m, net assets of $3.2m. It reported 348 employees.